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Oil Prices Face Wild Swings With Bot Traders Driving the Market - Bloomberg

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Trading oil has perhaps never been more of a roller coaster ride than it is today.

Just in the past two months, prices threatened to reach $100 per barrel, only to whipsaw into the $70s. On one day in October, they swung as much as 6%. And so far in 2023, futures have lurched by more than $2 a day 161 times, a massive jump from previous years.

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"Oil" - Google News
December 01, 2023 at 07:02AM
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Oil Prices Face Wild Swings With Bot Traders Driving the Market - Bloomberg
"Oil" - Google News
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